The Ten Point Plan for a Green Industrial Revolution

1 The Ten Point Plan for a Green Industrial Revolution Building back better, supporting Green jobs, and accelerating our path to net zero November 2020 The Ten Point Plan for a Green Industrial Revolution Building back better, supporting Green jobs, and accelerating our path to net zero November 2020 The Ten Point Plan for a Green Industrial Revolution 1 Contents Foreword from the Prime Minister 3 Foreword from the Secretary of State for Business, Energy & Industrial Strategy 4 Introduction 5 The Ten Point Plan for a Green Industrial Revolution 7 Point 1: Advancing Offshore Wind 8 Point 2: Driving the Growth of Low Carbon Hydrogen 10 Point 3: Delivering New and Advanced Nuclear Power 12 Point 4: accelerating the Shift to Zero Emission Vehicles 14 Point 5: Green Public Transport, Cycling and Walking 16 Point 6: Jet Zero and Green Ships 18 Point 7: Greener Buildings 20 Point 8: Investing in Carbon Capture, Usage and Storage 22 Point 9: Protecting Our Natural Environment 24 Point 10: Green Finance and Innovation 26 Look Ahead: The Race to Zero 30 Notes on figures 32 2 The Ten Point Plan for a Green Industrial Revolution The Ten Point Plan for a Green Industrial Revolution 3 Foreword from the Prime Minister This year has taken a very different path from any we expected, but I have not lost sight of our ambitious plans to unite and level up our country.

2 Just as science will enable humanity to rout Coronavirus, so we will use the UK s extraordinary powers of invention to repair the economic damage and build back better. Now is the time to plan for a Green recovery with high-skilled high-paid jobs that offer the extra satisfaction of helping to make our nation cleaner, greener and more beautiful. Imagine how our Green Industrial Revolution could transform life across our United Kingdom. You cook your breakfast using hydrogen power before getting in your electric car, having charged it overnight from batteries made in the Midlands. Around you the air is cleaner, and the trucks and trains, ships and planes are running on hydrogen or a synthetic fuel. British towns and regions Teesside, Port Talbot, Merseyside and Mansfield have become synonymous with Green technology and the jobs they bring. This is where Britain s ability to make hydrogen and capture carbon pioneered the decarbonisation of transport, industry and power. This Ten Point Plan to get there will mobilise 12 billion of government investment, and potentially three times as much from the private sector, to create and support up to 250,000 Green jobs.

3 There will be electric vehicle technicians in the Midlands, construction and installation workers in the North East and Wales, specialists in advanced fuels in the North West, agroforestry practitioners in Scotland, and grid system installers everywhere. And we will help people train for these new Green jobs through our Lifetime Skills Guarantee. We will turn the UK into the world s number one centre for Green technology and finance, laying the foundations for decades of economic growth by delivering net zero emissions in a way that creates jobs and allows us to carry on living our lives. And we will harness Mother Nature s ability to absorb carbon by planting 30,000 hectares of trees a year by 2025, and restore the abundance of nature by rewilding 30,000 football pitches worth of countryside. The UK was the first major economy to embrace a legal obligation to achieve net zero carbon emissions by 2050. I will establish Task Force Net Zero to take forward this national priority, and through next year s COP26 Summit, we will urge countries and companies around the world to join us in delivering net zero globally.

4 We long ago proved that Green and growth can go hand-in-hand. So let us meet the most enduring threat to our planet with one of the most innovative and ambitious programmes of job-creation we have known The Rt Hon Boris Johnson MP Prime Minister 4 The Ten Point Plan for a Green Industrial Revolution Foreword from the Secretary of State for Business, Energy & Industrial Strategy As the world looks to recover from the impact of coronavirus on our lives, livelihoods and economies, we have the chance to build back better: to invest in making the UK a global leader in Green technologies. If we apply the same zeal and ingenuity to stopping climate change as we have to tackling coronavirus, we can do so while transforming our economy, delivering jobs and growth across the country. Our Ten Point Plan sets the firm foundations to do just that. The plan brings together ambitious policies and significant new public investment, while seeking to mobilise private investment. This has the potential to deliver up to an estimated 42 billon of private investment by 2030 across energy, buildings, transport, innovation and the natural environment.

5 In doing so, we will position the UK to take advantage of export opportunities presented by low carbon technologies and services into new, global emerging markets providing jobs and reinvigorating our Industrial heartlands. The Ten Point Plan demonstrates the UK s significant and continuing commitment to tackling greenhouse gas emissions. We have led the G7 countries in cutting emissions since 1990. As President-Designate for the United Nations Framework Convention on Climate Change Conference of the Parties 26 (COP26), I am committed to ensuring we also use our leadership role so that all countries, businesses, cities and investors adopt a greener, more resilient, sustainable path for the future. This will build on a Conservative track record of addressing the climate challenge. From helping to secure the Paris Agreement, to legislating for net zero, and setting out the greenest manifesto in the UK s history, this plan delivers on our commitments to present a vision for the UK that is greener, more prosperous and at the forefront of global industry.

6 We will continue to build on this plan. Over the next year we will bring forward ambitious proposals across the economy to cut emissions and secure long-term growth for the whole country, starting with the Energy White Paper before the end of the year. I look forward to working with businesses, organisations representing the interests of UK citizens, the Devolved Administrations and Governments across the world to make this a reality. The Rt Hon Alok Sharma MP Secretary of State for Business, Energy and Industrial Strategy, President COP 26 The Ten Point Plan for a Green Industrial Revolution 5 Introduction Two centuries ago the UK led the world s first Industrial Revolution . Powered by innovation and private investment, this transformation gave birth to many of our great cities and effectively created the modern world. Today we will mobilise the same forces to level up our country and enable our proud Industrial heartlands to forge the future once again. By investing in clean technologies wind, carbon capture, hydrogen and many others Britain will lead the world into a new Green Industrial Revolution .

7 As the world begins to recover from the devastating impact of the coronavirus on lives and livelihoods, a broader transformation is taking shape. We will create hundreds of thousands of new jobs by investing in pioneering British industries while simultaneously protecting future generations from climate change and the remorseless destruction of habitats. Britain is already leading the way. Over the last 30 years, we have shown that economic success and environmental responsibility go hand in hand. We expanded our GDP by 75 per cent while cutting emissions by 43 per cent. Our low-carbon industries already support over 460,000 jobs,1 from electric vehicle manufacturing in the Midlands and the North East to our thriving offshore wind industry centred on the Humber and the Tees. In 2019, we became the first major economy to adopt a legally binding obligation to reach net zero greenhouse gas emissions by 2050. This year, our Ten Point Plan will lay the foundations for a Green Industrial Revolution .

8 We will start by supporting 90,000 jobs across the UK within this Parliament, and up to 250,000 by 2030. Engineers, fitters, construction workers and many others will be engaged in harnessing British science and technology to create and use clean energy and forge great new industries that export to new markets around the world. Our Lifetime Skills Guarantee will equip people with the training they need to take advantage of these opportunities. The government has announced over 5 billion to support a Green recovery. This plan mobilises 12 billion and potentially more than three times as much from the private sector to place Green jobs at the heart of our economic revival. As the world goes Green , we will seek to put the UK at the forefront of global markets for clean technology. One measure of the opportunity is that 83 per cent of the $ trillion of global investment in electricity systems by 2050 could be in zero-carbon We will generate new clean power with offshore wind farms, nuclear plants and by investing up to half a billion pounds in new hydrogen technologies.

9 We will use this energy to carry on living our lives, running our cars, buses, trucks and trains, ships and planes, and heating our homes while keeping bills low. And to the extent that we still emit carbon, 1 energyeconomylcreesurveyqmi 2 6 The Ten Point Plan for a Green Industrial Revolution we will pioneer a new British industry dedicated to its capture and return to under the North Sea. Together these measures will reinvigorate our Industrial heartlands, creating jobs and growth, and pioneering world-leading SuperPlaces that unite clean industry with transport and power. All of these ambitions will be propelled by doubling down on Britain s world-leading expertise in Green finance and innovation. Finally, we will harness nature s ability to absorb carbon by establishing new National Parks and Areas of Outstanding Natural Beauty, and making them even greater havens of biodiversity, with the aim of protecting 30% of England s countryside by 2030. We will use the freedoms we regain by leaving the EU to support Britain s farmers so that, alongside producing high- quality food, we ensure healthy soils which will also retain and over time capture carbon.

10 We will restore our peatlands and woodlands, create the Nature Recovery Network and wilder landscapes, generating new jobs in nature and land management. And we will better adapt and protect our communities from the already visible effects of climate change by investing in flood defences and using nature-based solutions to increase flood resilience. The cumulative effect of this plan will be to reduce UK emissions by 180 million tonnes of carbon dioxide equivalent (Mt CO2 e) between 2023 and 2032, equal to taking all of today s cars off the road for around two years. But this is only the start. Over the next year we will work with industry to devise further sectoral plans and meet our carbon budgets and target of net zero by 2050. To drive our progress towards this national priority, the Prime Minister will establish a new Task Force Net Zero, putting a systems approach at the heart of our thinking. But action by the UK alone will not be sufficient to avoid catastrophic climate change.